Article: Cox Radio to Acquire 5 Radio Stations Serving Athens, Georgia


Wireless News
01-22-2008
Cox Radio to Acquire 5 Radio Stations Serving Athens, Georgia

WIRELESS NEWS-January 22, 2008-Cox Radio to Acquire 5 Radio Stations Serving Athens, Georgia (C)2008 10Meters - http:// www.10meters.com

Cox Radio announced it has exercised its option to acquire five radio stations serving the Athens, Georgia market for $60 million, less amounts previously paid toward the option totaling $12 million.
The stations -- WNGC-FM, WGMG-FM, WPUP-FM, WGAU-AM and WRFC-AM -- are currently owned by affiliated companies controlled by Paul Stone: Southern Broadcasting of Athens, Inc.; Southern Broadcasting of Pensacola, Inc.; and New Broadcast Investment Properties, Inc.

"This ...

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